REI Lense

REI Lense

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$1,718 (target)

1811 Mound Rd, Lima, OH 45805

3 beds • 2 baths • 1384 sqft

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This property might be a fair Long-Term investment with a projected 4.24% first-year return on $37,926 initial cash invested.

4.24%

Cash On Cash

7.91%

Cap Rate

1.23

DSCR

$1,718

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,718 income − $1,584 expenses = $134 cash flow

Income$1,718Mortgage P&I$97056%Property Taxes$1046%Insurance$634%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%Cash Flow$134

Investment Breakdown

|

Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,926

Downpayment

20%

$36,120

Closing costs

1%

$1,806

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,718

Total Expenses

$1,584

Mortgage P&I

56%

$970

Property Taxes

6%

$104

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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